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Marriott Sees ‘Improving Trends’ In Greater China As Region’s Travel Begins Recovery

PYMNTS

Marriott CEO and President Arne Sorenson said on a Monday (May 11) earnings call that, overall, “negative trends appear to have bottomed in most regions around the world. He noted that occupancy levels in the region are currently a bit more than 30 percent, which is higher from the lows of below 10 percent in mid-February.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Operational Risk: Lastly, the OCC mentioned an increase in operational risk, and its intent to focus on: • Significant growth areas, new products, new or expanded services and changes in strategic direction. Many of the issues which the OCC will be focusing on ring true for all banks regardless of regulator and region.

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Apple To Shutter Houston Stores Again

PYMNTS

Apple closed shops again in North Carolina, Florida, Arizona and South Carolina last week for like rationale, and has reportedly re-shuttered a total of 18 retail locations across the U.S. “We It is reportedly keeping an eye on the virus situation throughout different regions to ensure that it is safe to operate its stores.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. Their reclosures reportedly are a negative barometer of the ease with which retail operations are able to resume throughout the country.

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US Liquor Sales Rise, But Not Enough To Offset COVID-Related Global Revenue Decline

PYMNTS

By region, Diageo’s Asia sales saw the biggest drop at 16 percent. The company attributed that to the fact that many countries in that region not only shuttered bars and restaurants, but also liquor stores. However, not all regions showed declines: North America bucked the trend and saw its sales rise 2 percent.

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USA Technologies Inks Deal With Several Pepsi Bottlers

PYMNTS

8) agreements with several Pepsi Cola bottling franchisees throughout North and South Carolina to use USAT’s cashless payment technologies within their existing inventory of vending machines. USA Technologies (USAT), the payment technology provider of cashless and mobile transactions in self-serve retail, announced Wednesday (Feb.

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Uber Freight Rolls Out Platform For Shippers To Access Its Network

PYMNTS

Companies like American Tile & Stone and Premier Packaging have already begun using Uber Freight to improve their shipping operations, and we’re excited to now roll out the platform widely to our freight community,” the company wrote in the blog post.